Report highlights strong Latin America infrastructure potential

A new report highlights the enormous economic potential for infrastructure in Latin America. According to the new report from analytics specialist GlobalData, the infrastructure sector in Latin America could reach a value of US$175.8 billion by 2020. The report suggests that the total value of infrastructure spending in Latin America will reach $142.5 billion in 2019. The report adds that anticipated growth will see infrastructure spending in Latin America hit $175.8 billion for 2020. GlobalData has made t
November 22, 2018 Read time: 1 min

A new report highlights the enormous economic potential for infrastructure in Latin America. According to the new report from analytics specialist GlobalData, the infrastructure sector in Latin America could reach a value of US$175.8 billion by 2020.

The report suggests that the total value of infrastructure spending in Latin America will reach $142.5 billion in 2019. The report adds that anticipated growth will see infrastructure spending in Latin America hit $175.8 billion for 2020. GlobalData has made this analysis based on the activity for 1,711 large-scale projects in Latin America that are planned or being built at present. These have a combined value of $829.2 billion according to GlobalData.

Finance & Funding

Related Content

  • European equipment sales up 15% in 2017, according to the CECE
    March 16, 2018
    European construction sales grew by 15% in 2017, according to the Annual Economic Report 2018* from the CECE - Committee for European Construction Equipment. After a very strong first quarter, growth slowed down in the second quarter, before taking off again in Q3 and Q4. Current levels of sales are on par with the levels seen in 2006 and 2008, but the industry is still 20% below the 2007 peak.
    Read More
  • Caterpillar reports strong performance for first quarter
    April 28, 2017
    Caterpillar is reporting a strong financial performance for its first quarter results for 2017. The company has revealed higher year-over-year sales and revenues for first time in 10 quarters. The first-quarter sales and revenues were up from 2016, while the firm saw an outstanding operational performance in this period. The full-year sales and revenues outlook meanwhile has been raised to a range of US$38 billion to $41 billion.
    Read More
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More
  • Fuel cell vehicle market will accelerate from 2015
    May 1, 2012
    While the market for fuel cell vehicles (FCVs) has been slower to develop than many anticipated a few years ago, major automakers including Toyota, Daimler, GM, Honda, and Hyundai have all publicly stated that fuel cells are a critical piece of a complete clean vehicle portfolio.
    Read More

Highlighted Content